Fundamentals for the Day
Japan-US-CANADA Bank Holiday
Low volume with a Side way move expected
Position is on sell side for Gold & Silver for now.
Gold already touch 4215$$ in today’s morning – which is selling point again
Gold
Range: 151800 – 148400
Our Preference: Sell Gold @ 151200 for target 149500 & 148400 with SL 151850+
Alternative Scenario: Buy Gold @ 148400 with SL 147900
Trading Zone
152100+ Breakout Buy
149499 Buy @ 1st stroke with SL 300 point
Silver
Range: 229000 – 218500
Our Preference: Sell Silver @ 225800 for target 221500 with SL 226850
Alternative Scenario: Sell Silver @ 229000 for target 222000 with SL 231000
On Buy Side
Buy Silver @ 220000 with back up Buy 218500 target 226000 with SL 218000 below only if sustain
